John Myers
REO Auction Rental Single Family House
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $169,000
Cash invested: $169,000
This home was an REO purchased at a live auction. This house has been a great ren...
Mark S.
Bank Account System for Turnkey Properties
If you're buying turnkey rental property in your own name (which will be managed by the TK property management arm), how do you structure your bank accounts?
In other words, since I'm assuming the TK property managem...
Christopher Poirier
need separate LLC's?
I hold rental properties in an LLC, I will be filping houses pretty soon and want to put the flips in an LLC. Is there any reason i should not use my current LLC to hold the flips?
Fred Stevenson
to leverage or not to leverage
My home is paid off, and I'm taking 80% out of my house in a 30 year refinance loan. My plan was to purchase three - five SFR's for cash using 20% of my own cash and 80% from the refinance loan for each purchase. Tha...
Arjan Amiri
Does An LLC Protect Your Rental Properties Equity?
Dear Forum,My understanding is that an LLC protects your personal assets from being sued by a renter. But what about the equity in the rental property that is under the LLC? Can the renter go after ownership of the ac...
Cary P.
Exit Strategies to minimize taxes?
Hey Folks,My husband and I are planning ahead in this crazy real estate market. Do you guys have future strategies that you are looking into to get out of real estate? I'm not talking 1031 into some other property, ...
George P.
contractor wants me to get workers comp
I have a house that needs to be remodeled. one of the contractors said that since i would be hiring him and his crew, i'd be acting like the general contractor and need to pay for his workers comp.
i know not...
Jorge Abreu
Record Low Employment - Do You Think We Will See A Rebound In Q3?
The record number of jobs lost over the past two months should begin coming back in Q3 and be largely regained by the end of 2021, according to an analysis by CBRE.
Over the past several weeks, 33.5 million worke...
Brandon Turner
Tenants Stuff is Ruined: What would you do?
So, as you may have heard - my area got flooded bad last night. One of my tenants (my favorite - a nice old lady) has a "back room" with a laundry machine and a ton of boxes and stuff. The tenant is currently in the h...
Eric Belgau
Washington + Cannabis + Landlords
I'm not sure if this is of any interest to the community here, but from where I sit it's getting to be downright fascinating.
With recreational cannabis legal in WA and CO - and momentum toward legalization e...